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Scheid Vineyards (Scheid Vineyards) ROA % : -5.28% (As of Aug. 2023)


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What is Scheid Vineyards ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Scheid Vineyards's annualized Net Income for the quarter that ended in Aug. 2023 was $-9.69 Mil. Scheid Vineyards's average Total Assets over the quarter that ended in Aug. 2023 was $183.57 Mil. Therefore, Scheid Vineyards's annualized ROA % for the quarter that ended in Aug. 2023 was -5.28%.

The historical rank and industry rank for Scheid Vineyards's ROA % or its related term are showing as below:

SVIN' s ROA % Range Over the Past 10 Years
Min: -8.31   Med: 1.6   Max: 5.67
Current: -2.64

During the past 13 years, Scheid Vineyards's highest ROA % was 5.67%. The lowest was -8.31%. And the median was 1.60%.

SVIN's ROA % is ranked worse than
77.42% of 217 companies
in the Beverages - Alcoholic industry
Industry Median: 3.45 vs SVIN: -2.64

Scheid Vineyards ROA % Historical Data

The historical data trend for Scheid Vineyards's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scheid Vineyards ROA % Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 2.04 0.92 -5.05 -8.31

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.14 -9.32 -6.04 -1.90 -5.28

Competitive Comparison of Scheid Vineyards's ROA %

For the Beverages - Wineries & Distilleries subindustry, Scheid Vineyards's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scheid Vineyards's ROA % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Scheid Vineyards's ROA % distribution charts can be found below:

* The bar in red indicates where Scheid Vineyards's ROA % falls into.



Scheid Vineyards ROA % Calculation

Scheid Vineyards's annualized ROA % for the fiscal year that ended in Feb. 2020 is calculated as:

ROA %=Net Income (A: Feb. 2020 )/( (Total Assets (A: Feb. 2019 )+Total Assets (A: Feb. 2020 ))/ count )
=-12.873/( (159.282+150.721)/ 2 )
=-12.873/155.0015
=-8.31 %

Scheid Vineyards's annualized ROA % for the quarter that ended in Aug. 2023 is calculated as:

ROA %=Net Income (Q: Aug. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Aug. 2023 ))/ count )
=-9.692/( (0+183.572)/ 1 )
=-9.692/183.572
=-5.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Aug. 2023) net income data. ROA % is displayed in the 30-year financial page.


Scheid Vineyards  (OTCPK:SVIN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Aug. 2023 )
=Net Income/Total Assets
=-9.692/183.572
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-9.692 / 55.396)*(55.396 / 183.572)
=Net Margin %*Asset Turnover
=-17.5 %*0.3018
=-5.28 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) net income data. The Revenue data used here is two times the semi-annual (Aug. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Scheid Vineyards ROA % Related Terms

Thank you for viewing the detailed overview of Scheid Vineyards's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Scheid Vineyards (Scheid Vineyards) Business Description

Traded in Other Exchanges
N/A
Address
305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the manufacturing of premium varietal wine grapes and wine in the United States. The principal business of the company is the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. It currently operates premium wine grape vineyards in Monterey County, California.
Executives
Keith Krum director 305 HILLTOWN ROAD, SALINAS CA 93908
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Scott D Scheid director, officer: President, CEO C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Heidi M Scheid director, officer: Senior Vice President C/O SCHEID VINEYARDS INC, 305 HILLTOWN RD, SALINAS CA 93908
Kurt J Golnick officer: Chief Operating Officer C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Alfred G Scheid director, 10 percent owner C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908

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